- Why Would Country A Which Makes Consumer Products X And Within The Same Sector Engage In Intra Industry International T 1 (9.22 KiB) Viewed 31 times
Why would country A which makes consumer products X and within the same sector, engage in intra-industry international t
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Why would country A which makes consumer products X and within the same sector, engage in intra-industry international t
Why would country A which makes consumer products X and within the same sector, engage in intra-industry international trade by importing X and exporting Y? a. Its consumers would benefit from importing X which has a lower world price than A's autarky price b. its producers would benefit from higher world price of Y c. Product differentiation gives consumers more choice d. All of the above